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2

I am not sure what the chart intends to show. In any case, the series in question is how many BTC you need to pay for one ounce of gold. The scale is logarithmic by the way. If you overlay the inverse dollar price, you will see that the movement is largely identical to the BTC-Oz chart. Gold price changes are miniscule compared to BTC, so almost all ...


4

It's BTC per Oz gold which shows how many btc you need to pay for 1oz. To compute this, you need to know the price (and both are quoted in USD). It still tells you a lot about the purchasing power. A lot less compared to the USD price though, because I doubt many people use Oz of gold as their unit of account. However, everyone kind of knows gold is worth a ...


1

The price of your service would be determined by the exchange rate for your currency and what people are willing to pay in their own currency, minus a deduction for the inconvenience of having to buy your currency. For example, in a video game that has in-game currency, such as World of Warcraft or The Witcher, how are the prices of in-game items determined....


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